Neurotrope, Inc. 4
4 · Neurotrope, Inc. · Filed Dec 15, 2015
Insider Transaction Report
Form 4
Neurotrope, Inc.NTRP
HAFT JAY M
Director
Transactions
- Conversion
Series A Convertible Preferred Stock
2015-11-30−74,000→ 0 totalExercise: $0.84→ Common Stock (88,252 underlying) - Conversion
Common Stock
2015-11-30$0.84/sh+88,252$73,999→ 88,252 total
Footnotes (2)
- [F1]In connection with the conversion of the Issuer's Series A Convertible Preferred Stock into shares of common stock, the Reporting Person's 74,000 shares of Series A Convertible Preferred Stock were converted into an aggregate of 88,252 shares of common stock. The conversion price was reduced from $1.00 to $0.8385 due to an anti-dilution adjustment.
- [F2]The Series A Convertible Preferred Stock was convertible at any time and had no expiration date. The Series A Convertible Preferred Stock automatically converted into shares of common stock on November 30, 2015, upon the consent of the holders of at least a majority of the then outstanding shares of Series A Convertible Preferred Stock.